Upgrade establishes a new generation of consumer credit platforms offering personal loans to US consumers, together with tools that help consumers understand and monitor their credit profile. Upgrade was co-founded by Renaud Laplanche and Soul Htite, the co-founders of Lending Club, a pioneer in marketplace lending that facilitated over $26 billion in loans, and made the cost of credit more affordable for nearly 2 million American families over the last decade. Soul also founded Dianrong, one of the largest marketplace lending platforms in China. Upgrade is based in San Francisco.